Lucky Block Price Prediction: LBLOCK/USD Keeps Hovering Around $0.000177; Time to Buy More
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Lucky Block Price Prediction – February 9
The Lucky Block price prediction shows that LBLOCK retreats as the market price gets ready for a breakout to the north.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.00250, $0.000270, $0.000290
Support levels: $0.000120, $0.000100, $0.000080
LBLOCK/USD is trading at $0.000177 as the coin remains within the 9-day and 21-day moving averages. Meanwhile, the buyers are getting ready to grab the Lucky Block (LBLOCK) and push it to the upside. Meanwhile, the existing buyers are expected to buy any dip as the coin prepares for upward movement.
Lucky Block Price Prediction: LBLOCK Will Break to the Upside
The Lucky Block price will retrace to the upside, and buyers and new investors are expected to look out for the next bearish signals. The coin may fall slightly if the technical indicator Relative Strength Index (14) heads to the south, but the coin would spike to the upside if the technical indicator remains within the overbought region.
In other words, any bearish movement towards the lower boundary of the channel can locate supports at $0.000120, $0.000100, and $0.000080. However, should the buyers push the coin above the channel; the bulls can expect immediate resistance to be located at $0.000200. Any further bullish movement could hit the resistance levels at $0.000250, $0.000270, and $0.000290.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Lucky Block price keeps hovering within the 9-day and 21-day moving averages. The buyers are expected to re-invest in the coin while the new buyers should enter the market.
From above, if the buyers push the price toward the upper boundary of the channel, any further bullish movement will locate the resistance level at $0.000210 and above. Moreover, should the coin create an additional low, the nearest support can come at $0.000150 and below, while the Relative Strength Index (14) is moving in the same direction around the 50-level, an opportunity for the new buyers to buy the coin.
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